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Our latest comprehensive analysis warns that removing technology-neutral clean energy tax credits could significantly impact the US energy sector through 2040.
Key Findings:
Our report provides critical insights into:
- The removal could reduce clean energy deployment by 237 GW (enough to power 35.7 million homes) and result in $336 billion less investment across competitive wholesale electricity markets
- Consumers would face average monthly bill increases of 10%, with some states seeing dramatic spikes (Texas up to 22%), translating to annual increases of $468 for New Yorkers and $348 for Texans
- The changes would result in 97,000 net fewer energy jobs (103,000 fewer clean energy jobs partially offset by 6,000 new fossil fuel jobs), with particularly strong impacts in New York, Texas, and the Great Plains/Midwest regions
Access our comprehensive analysis to understand how these trends could impact your strategic planning and market position.
If you have any questions or would like to learn more about our North American coverage, please get in touch with Daniel Perea.
